Pelosi keeps her promise

All right, Speaker Pelosi! ( I love saying that!)

House rolls back oil company subsidies – Yahoo! News

The House rolled back billions of dollars in oil industry subsidies Thursday in what supporters hailed as a new direction in energy policy toward more renewable fuels. Critics said the action would reduce domestic oil production and increase reliance on imports.

The energy legislation was the last of six high-priority issues that House Speaker Nancy Pelosi (news, bio, voting record), D-Calif., had pledged to push through during the first 100 hours of Democratic control. The bill passed by a 264-163 vote.

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